September 21, 2023: Based or Basic? 😇😈
Should Coinbase refund $1MM from MEV received during the Curve hack?
Ahhh… Thursday Morning. While mods were asleep, money started flying. We see the weekly Curve rewards go brr...
Some people throw small ETH amounts at Binance.
Some people throw Friend Tech clones at other chains
Incidentally, we’re giving Post Tech a test drive…
Join the fun…
The only exception to the weird money downpour overnight is apparently Base chain, where Curve rewards entered into a slump?
Not to worry, as these are just evolving from $CRV rewards into a superior form…
Sit tight Base fam
Inverse, Brah!
We have to shout out briefly the incredible work of Inverse Finance.
This week Convex’s master plan went live, with staked CVX earning about 40% off the bat, now down to 35% as users trickle into the pool.
Inverse already teased they’d be onboarding it as collateral…
On top of this, they’ve launched some notable pools for tokens in their ecosystem:
Keep at it!
Based or Basic?
We admit, this one has us conflicted.